Merit Aid with High EFC

well, with a 1500 M+CR, she should get some merit from Grinnell and some others, but do you have an amount that you need? What do you want your net price to be?

If a school gives $15k per year, and your net cost is $45k, is that ok?

What is your goal net cost?

You mention impact to your way of living, and that’s a legit concern. One thing that gets some families into trouble is that they think they can pinch pennies and stretch the budget for 48 straight months and they sign up for the monthly tuition payment plan. But, as we all know, families tend to have “unexpected expenses” pop-up every few months (car repair, dental expense, home repair, appliance replacement), and suddenly those months’ tuition payments go “poof”.